Joe Eifrid
Value, special situations, fixed income, preferred stocks

NMI Holdings Insures Potential Gains

Please allow me to introduce many of you to the newest entry into the mortgage insurance (NYSE:MI) industry - NMI Holdings Inc.(NASDAQ:NMIH). In my opinion, buying shares here may provide a handsome return in the next two years and beyond.

I have been an investor in Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) preferreds and common shares since they went into conservatorship. In the last year to hedge that position I have been researching and investing in companies that may benefit from their wind down. How far they are allowed to wind down is anyone's guess. It is not every day that you have behemoths on the scale of Fannie and Freddie...

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